wstritt: the title of your thread is obviously incorrect. you do, in fact, "get it." put me down as someone who buys new and sells into the used market. only once, however, have i ever bought and sold a product in less than a year. that was an accuphase dp-65, which i sold for my purchase price, that went towards the purchase of an accuphase dp-75, which i sold, in turn, for my purchase price, that then went towards the purchase of an accuphase dc-300. the trick is to buy low and sell high, or at least as high as the market will bear. timing is everything, unless you meet the standards of your "category 4," a description i'd happily accept for myself if it were true. of course, another part of the "trick" is having the ability to buy new with deep discounts. it would not be ethical among the society of magicians to reveal the secrets employed to perform such an act. -cfb
I don't get it
I breeze through the Agon classifieds every few days and am absolutely astounded by the number of listings of equipment that is "less than 1 year old" and in many cases less than 3 months old. The implied financial hits are staggering. I have developed a number of theories:
1) The equipment is being bought by store/distributor employees at or close to wholesale and being flipped at no loss or maybe even a profit.
2) Audiophiles have some sort of obsessive-compulsive disorder that forces them to continue to change out components irrespective of need or cost.
3) Audiophilia(?) is like being addicted to herion, every day you need a new fix because whatever the last addition did for you, it wore off and something new is needed.
4) Some audiophiles have way too much money.
Don't get me wrong - I appreciate the chance to buy equipment at a discount as I generally can't bring myself to pay retail for most of this stuff. However, I'm curious why all this nearly new equipment is here.
Thanks
1) The equipment is being bought by store/distributor employees at or close to wholesale and being flipped at no loss or maybe even a profit.
2) Audiophiles have some sort of obsessive-compulsive disorder that forces them to continue to change out components irrespective of need or cost.
3) Audiophilia(?) is like being addicted to herion, every day you need a new fix because whatever the last addition did for you, it wore off and something new is needed.
4) Some audiophiles have way too much money.
Don't get me wrong - I appreciate the chance to buy equipment at a discount as I generally can't bring myself to pay retail for most of this stuff. However, I'm curious why all this nearly new equipment is here.
Thanks
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- 16 posts total
- 16 posts total